The GDP (gross domestic product) in Pakistan is forecast to amount to US$376.40bn in 2024. Profit from additional features by authenticating your Admin account. South Asia. Chart. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. COVID-19 deaths worldwide as of January 8, 2021, by country, COVID-19 cases worldwide as of January 8, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Jan. 8, 2021, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Jan. 7, 2021, by day. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: * Estimate.Figures have been rounded up to facilitate the comprehension of the statistic. Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars) [Graph]. Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year) [Graph]. and over 1 Mio. Learn more about how Statista can support your business. New, Everything you need to know about the industry development, Find studies from all around the internet. Current rate (Last change) Expectation: Next meeting: Federal Reserve: 0.00-0.25% (March 2020) No rate rise for the foreseeable future: January 26-27: European Central Bank : 0.00% (September 2019) No rate rise for the foreseeable future: January 21: Bank of England : 0.10% (March 2020) No rate rise for the foreseeable future: February 4 Forecasts by the IMF expect a decline in GDP growth to 1.85 percent in 2020 due to the coronavirus COVID-19 pandemic, and GDP growth of 8.24 percent in 2021. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. 18 January 2020: In its World Economic Situation and Prospects (WESP) 2020 report, the UN forecasts Pakistan’s GDP growth to slip to 2.1% this year (fiscal 2020-21). • Pakistan - Gross domestic product (GDP) growth rate 2025 | Statista Pakistan’s gross domestic product (GDP) growth was 5.53 percent in 2018 after adjusting for inflation. France has a diversified economy, that is dominated by the service sector (which represented in 2017 78.8% of its GDP), whilst the industrial sector accounted for 19.5% of its GDP and the primary sector accounted for the remaining 1.7%. I am an Indian so with no doubt my answers will be taken judgementally. grew at a rate of 1.6% per annum and manufacturing grew at a rate of 7.7% per annum in the 1950s.24 In 1959-60, Per Capita GNP was Rs.355 in West Pakistan and Rs.269 in East Pakistan.25 The 1960s: era of economic growth Amidst massive inflow of American aid, political stability enabled Pakistan … The fifth largest trading nation in the world (and second in Europe after Germany). "Pakistan: Gross Domestic Product (Gdp) in Current Prices from 1984 to 2021* (in Billion International Dollars). Directly accessible data for 170 industries from 50 countries Pakistan’s e-commerce market has witnessed phenomenal growth recently. Pakistan experience a double rate inflation of 13% leading to unstable changes in Pakistan G.D.P. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Economic indicators for Pakistan Pakistan's GDP expected to contract by 0.4% in 2020 and grow by 2.0% in 2021 – ADO 2020 Update Pakistan's inflation rates forecasted at 10.7% in 2020 and 7.5% in 2021 – ADO 2020 Update GDP Growth Rate in Pakistan averaged 4.91 percent from 1952 until 2016, reaching an all-time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. Pakistan - GDP growth (annual %) The value for GDP growth (annual %) in Pakistan was 5.83 as of 2018. This feature is limited to our corporate solutions. Are you interested in testing our corporate solutions? Pakistan GDP Growth Rate table by year, historic, and current data. and over 1 Mio. Please create an employee account to be able to mark statistics as favorites. October 12, 2020. Please authenticate by going to "My account" → "Administration". Accessed January 10, 2021. https://www.statista.com/statistics/383739/gross-domestic-product-gdp-in-pakistan/, IMF. In, IMF. Profit from additional features by authenticating your Admin account. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. IMF. Corporate solution including all features. Current Pakistan GDP Growth Rate is 5.47%. In 2018, the estimated average inflation rate in Pakistan amounted to about 3.93 percent compared to the previous year, a slight drop from 2017, but … The statistic shows gross domestic product (GDP) in Pakistan from 1984 to 2021. GDP Growth Rate in Iceland averaged 0.79 percent from 1995 until 2020, reaching an all time high of 11.10 percent in the second quarter of 1998 and a record low of -10.80 percent in the first quarter of 2009. GDP Annual Growth Rate in Pakistan averaged 4.87 percent from 1952 until 2019, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. Statista. (billed annually). But again I have a few steps for improving GDP of Pakistan . Then you can access your favorite statistics via the star in the header. Then you will be able to mark statistics as favourites and use personal statistics alerts. "Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year)." World Bank national accounts data, and OECD National Accounts data files. The new markets in e-commerce are emerging, whereas existing markets are innovating themselves to grow. $59 per month* Update, Insights into the world's most important technology markets, Advertising & Media Outlook You only have access to basic statistics. (April 15, 2020). Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. As the graph below shows, over the past 57 years this indicator reached a maximum value of 11.35 in 1970 and a minimum value of 0.47 in 1971. April 15, 2020. Average annual growth fell to 4.6% in the 1990s with significantly lower growth in … Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: COVID-19 deaths worldwide as of January 8, 2021, by country, COVID-19 cases worldwide as of January 8, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Jan. 8, 2021, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Jan. 7, 2021, by day. GDP Growth Rate in Sri Lanka averaged 5.88 percent from 2003 until 2017, reaching an all time high of 16.10 percent in the first quarter of 2012 and a record low of 0.50 percent in the fourth quarter of 2013. ", IMF, Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year) Statista, https://www.statista.com/statistics/383729/gross-domestic-product-gdp-growth-rate-in-pakistan/ (last visited January 10, 2021), Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025*, Life expectancy at birth in Pakistan 2018, Median age of the population in Pakistan 2015, Gross domestic product (GDP) in Pakistan 2021*, Gross domestic product (GDP) per capita in Pakistan 2019, Gross domestic product (GDP) growth rate in Pakistan 2025*, Pakistan: Share in global GDP adjusted for PPP 2025*, Distribution of gross domestic product (GDP) across economic sectors Pakistan 2019, Employment by economic sector in Pakistan 2020, Youth unemployment rate in Pakistan in 2020, National debt of Pakistan in relation to gross domestic product (GDP) 2025*, Ratio of military expenditure to gross domestic product (GDP) in Pakistan 2019, Ratio of government expenditure to gross domestic product (GDP) in Pakistan 2025, Pakistan's budget balance in relation to GDP 2025, New cases of COVID-19 worldwide from January 23, 2020 to January 7, 2021, by day, Gross domestic product (GDP) growth rate in St. Vincent and the Grenadines, Gross domestic product (GDP) growth rate in Myanmar 2025, Gross domestic product (GDP) growth rate in São Tomé and Príncipe in 2025, Gross domestic product (GDP) growth rate in the Gambia 2025, Gross domestic product (GDP) growth rate in Barbados 2025, Gross domestic product (GDP) growth rate in Belize 2025, Gross domestic product (GDP) growth rate in Comoros 2025, Gross domestic product (GDP) growth rate in Kyrgyz Republic 2025, Gross domestic product (GDP) growth rate in Tanzania 2025, GDP per worker growth rate forecast United Kingdom (UK) 2013-2060, Market share of Pakistan's crop protection industry 2016, by product type, GDP growth, by worker ethnicity United States from 2000 to 2007, Quarterly gross domestic product (GDP) growth rate in the UK 2nd quarter 2020, Pakistan: opium poppy field destruction 1996-2015, Number of pulp and paper product manufacturers in Japan 2009-2018, Sexual harassment as the most important issue facing women in South Korea 2018, Miscellaneous rubber products sales value in Japan 2019, by type, PM10 air pollution level Seoul South Korea 2008-2018, Unified communications software market share in China 2018, by software, Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook In the long-term, the Pakistan GDP From Agriculture is projected to trend around 2385654.00 PKR Million in 2021 and 2481080.00 PKR Million in 2022, according to our econometric models. Corporate solution including all features. Mobile technology contribution to social and economic progress in Pakistan 25 3.1 Contribution to economic growth 25 3.2 Contribution to national development aspirations in Pakistan 28 3.3 Assessing the impact of mobile across key sectors in Pakistan 30 4. Growth rate of real gross domestic product (GDP) of selected South Asian countries from 2015 to 2019 with forecasts from 2020 to 2021. Pakistan gdp growth rate for 2017 was 5.55%, a 0.03% increase from 2016. World Bank national accounts data, and OECD National Accounts data files. Neither do India's nor do Pakistan's GDP is that low . ", IMF, Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars) Statista, https://www.statista.com/statistics/383739/gross-domestic-product-gdp-in-pakistan/ (last visited January 10, 2021), Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021*, Life expectancy at birth in Pakistan 2018, Median age of the population in Pakistan 2015, Gross domestic product (GDP) in Pakistan 2021*, Gross domestic product (GDP) per capita in Pakistan 2019, Gross domestic product (GDP) growth rate in Pakistan 2025*, Pakistan: Share in global GDP adjusted for PPP 2025*, Distribution of gross domestic product (GDP) across economic sectors Pakistan 2019, Employment by economic sector in Pakistan 2020, Youth unemployment rate in Pakistan in 2020, National debt of Pakistan in relation to gross domestic product (GDP) 2025*, Ratio of military expenditure to gross domestic product (GDP) in Pakistan 2019, Ratio of government expenditure to gross domestic product (GDP) in Pakistan 2025, Pakistan's budget balance in relation to GDP 2025, New cases of COVID-19 worldwide from January 23, 2020 to January 7, 2021, by day, Deaths from U.S. air strikes in Pakistan 2004-2017, Consumer spending in Pakistan 2013-2018, per capita, Crop protection costs in Pakistan 2015, by crop, Total of retail net sales in Pakistan 2013-2018, Life expectancy at birth in Pakistan 2018, by gender, Perceived contribution of Pakistani immigrants to life in Great Britain (UK) in 2014, Mortality rate in Pakistan 2018, by gender, Passenger cars in use - Pakistan 2006-2015, Value of U.S. merchandise trade with Pakistan 2000-2010, Retail net sales in Pakistan 2013-2018, per capita, Household electricity consumption per capita in Pakistan 2000-2016, Record of the attacks on NATO supply in Pakistan 2014, Total consumer spending in Pakistan 2013 to 2018, Direct export volume of PU leather from Taiwan 2009-2019, Embroidery lace sales quantity in Japan 2012-2019, Production volume of polyethylene Japan 2012-2019, Miscellaneous services share in office absorption in India 2015-2018, Forged ordinary steel production volume in Japan 2012-2019, Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. New, Figures and insights about the advertising and media world, Industry Outlook Global Economic Prospects examines trends for the world economy and how they affect developing countries. You only have access to basic statistics. Iceland’s gross domestic product expanded 2.6 percent on quarter in the three months to September 2020, rebounding from a downwardly revised 7.3 percent contraction in Q2. $59 per month* Pakistan is one of the poorest and least developed countries in Asia. Indian economy is expected to rise to 6.6% and Bangladesh to grow by 7.8%, says WESP. Learn more about how Statista can support your business. Register in seconds and access exclusive features. Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. Directly accessible data for 170 industries from 50 countries (billed annually). Pakistan GDP to slip to 2.1% in 2020-21: UN. The first contraction in decades, this reflects the effects of COVID-19 containment measures that followed monetary and fiscal tightening prior to the outbreak. (October 12, 2020). The Gross Domestic Product (GDP) in Sri Lanka expanded 1.40 percent in the fourth quarter of 2017 over the same quarter of the previous year. Pakistan gdp growth rate for 2018 was 5.84%, a 0.28% increase from 2017. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook 3. Statista Inc.. This feature is limited to our corporate solutions. Pakistan Jump to. Pakistan and ADB. New, Figures and insights about the advertising and media world, Industry Outlook Annual GDP Growth (%) Pakistan. Then you will be able to mark statistics as favourites and use personal statistics alerts. In 2019, agriculture contributed around 22.04 percent to the GDP of Pakistan, 18.34 percent came from the industry, and over half of the economy’s contribution to GDP … ADB operations in Pakistan will increase significantly in the next 3 years with continued focus on energy, natural resource management, urban development, transport infrastructure, and institutional reforms, as well as re-engagement in education and health. "Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars)." Please do not hesitate to contact me. Accessed January 10, 2021. https://www.statista.com/statistics/383729/gross-domestic-product-gdp-growth-rate-in-pakistan/, IMF. Please authenticate by going to "My account" → "Administration". New, Everything you need to know about the industry development, Find studies from all around the internet. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Statista. Pakistan has a growing semi- industrialized economy that relies on manufacturing, agriculture and remittances. Statista . Please do not hesitate to contact me. Pakistan’s real GDP growth is estimated to have declined from 1.9 percent in FY19 to -1.5 percent in FY20. 1. The real total GDP (gross domestic product) in Pakistan is expected to grow by 4.99% in 2024. IMF. Source – Statista The E-Commerce industry has a predominant contribution to Pakistan’s GDP with a worldwide growth rate of 13%, and it is escalating with a phenomenal strategy of making lives easy. facts. Pakistan economic growth for 2019 was $278.22B, a 11.55% decline from 2018. Source: Statista. Chart. GDP growth (annual %) - Pakistan. facts. This page has economic forecasts for Pakistan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Pakistan economy. Please create an employee account to be able to mark statistics as favorites. To conclude on relationship between the economic growth and relationship, Malik base Mubarik( 2005) who found a positive correlation at a range of 0- 7% and beyond 7% is regarded as negative relationship. Opportunities ahead to accelerate the impact of mobile-enabled Are you interested in testing our corporate solutions? For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Register in seconds and access exclusive features. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Pakistan’s GDP growth is expected to fall to 3.4 per cent in the fiscal year 2019 from 5.8 per cent in FY2018, and to 2.7 per cent in FY2019-20. The number of registered e-commerce merchants has risen by 2.6-times and e … Pakistan economic growth for 2018 was $314.57B, a 3.28% increase from 2017. GDP growth (annual %) - Sri Lanka. "Pakistan: Growth Rate of The Real Gross Domestic Product (Gdp) from 2015 to 2025* (Compared to The Previous Year). In, IMF. Based on the five indicators of economic activities, the economic dynamic of Pakistan can be described as follows: Growth in nominal GDP and GNP: Trend-It has been observed that the nominal GDP growth rate was 1.60% in 2010, and after that, there was an upward trend in growth rate of GDP upto 2018, i.e the growth rate was 5.83%. Then you can access your favorite statistics via the star in the header. Pakistan gdp growth rate for 2019 was 0.99%, a 4.85% decline from 2018. Nor do pakistan 's GDP is that low, historic, and national. Three-Year forecasts for major macroeconomic indicators, including commodity pakistan gdp growth rate statista financial markets:,... Be able to mark statistics as favourites and use personal statistics alerts domestic... International data of COVID-19 containment measures that followed monetary and fiscal tightening prior to the outbreak:,. By 7.8 %, a 11.55 % decline from 2018, forecasts, studies and international data via star. 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